I swear I’m not picking on these companies.
First, CrowdStrike’s CFO, Burt Podbere, reported that the company has not yet faced any lawsuits related to the global IT outage in July, which was caused by a configuration error. He acknowledged some financial impact but noted that customer relations improved as the company communicated effectively during the disruption. Despite the lack of lawsuits so far, concerns remain, particularly following threats of litigation from Delta Air Lines. Podbere emphasized the need to focus on business discussions rather than legal issues as the situation evolves.
Intel has decided to abandon its 20A process node for the upcoming Arrow Lake processors, opting to utilize an external foundry instead, likely TSMC, due to readiness issues with its 18A process. This shift aims to optimize engineering resources and maintain momentum for its 18A technology despite reports of Broadcom rejecting 18A wafers for mass production. The move comes amid ongoing challenges for Intel, including stock price declines and potential restructuring of its foundry business.
Why do we care?
Delta Airlines has made noises that they are suing. I do expect them to file.
Intel’s pivot is significant for IT service providers and partners relying on Intel’s supply chain, as it indicates potential production changes, supply risks, or delays in Intel’s roadmap. It’s also pretty telling that their plans keep failing.